Jacksonville Fl Real Estate Report July 2023
The median sales price in Jacksonville was down by a little over 5% in July over the same month in 2022. We saw less houses available this July than in July 2022, and also less houses sold. Still a seller’s market. Just a FYI, this chart is based on single family homes, no condos. The market is still not showing a crash coming.
Search for homes that is directly pulled from our local MLS, without adding homes that are not on the market:
Search for Homes in Jacksonville
Sellers are you curious what you can sell your home for in today’s market? You may be surprised!
What’s My Home Worth?
Thinking of selling your home? Click below to complete a form, then receive a market analysis within 24 hours.
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 322,500 and the other half were less than 322,500.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 2.71 months to sell the active homes, if no other homes came on the market. How to determine what type of market we are experiencing:
Buyers’ Market: More than 7 months of Inventory
Balanced Market: From 5-7 months of Inventory
Sellers’ Market: Less than 5 months of inventory
Average Days on the Market: This is the average based on the time the house came on the market until is went under contract.
Original List Price to Sales Price: This is the percentage of what the home sold for compared to what it was originally listed for. Not what it was listed for at the time it went under contract.
